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Cairo Resources Inc. Announces Letter Agreement for Qualifying Transaction with Bangles Gold Pty. Ltd.


Cairo Resources Inc. Announces Letter Agreement for Qualifying Transaction with Bangles Gold Pty. Ltd.
Cairo Resources Inc. (TSXV: QAI.H) (
Cairo ), a capital pool company listed on the TSX Venture Exchange (the
Exchange ), is pleased to announce that it has entered into a binding letter agreement (the
Letter Agreement ) dated January 26, 2021 with Bangles Gold Pty Ltd. (
Bangles ) in respect of a proposed business combination (the
Proposed Transaction ). It is anticipated that the Proposed Transaction will constitute the Qualifying Transaction of Cairo in accordance with Policy 2.4 -
Capital Pool Companies of the Exchange.
About Bangles
Bangles is a private company existing under the laws of Australia and is based in Floreat, Western Australia, and, immediately prior to closing of the Proposed Transaction, will have 1,500,000 common shares (the ....

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